Elon Musk said Berkshire Hathaway’s Charlie Munger once told an entire table at lunch ‘all the ways Tesla would fail’

Billionaire investor Charlie Munger once told people at a lunch “all the ways Tesla would fail,” Elon Musk recounted. Musk said the Berkshire Hathaway vice chairman’s comment made him “quite sad.” Tesla is currently the world’s most valuable carmaker with a market capitalization of $954.3 billion. Loading Something is loading. Elon Musk said billionaire investor…

Nobel economics prize awarded for real-life studies

Image source, UC BerkeleyImage caption, Professor Card said people initially didn’t trust the results of his unconventional methodsDavid Card, Joshua Angrist and Guido Imbens have been awarded this year’s Nobel prize for economics for work that “challenged conventional wisdom”.The trio shared the prize for pioneering work in the use of “natural experiments”.Natural experiments use real-life…